84836_not-searchable
/en/bank-og-finansmarked/statistikker/orbofbm/maaned
84836
Rise in short-term security loans
statistikk
2012-08-17T10:00:00.000Z
Banking and financial markets
en
orbofbm, Financial corporations, balance sheet, banks, mortgage companies, finance companies, state lending institutions, loans, deposits, financing, mortgages, bonds, commercial papers, shares, ownership interest, assets, liabilities, foreign banks, borrowers, balancesFinancial institutions and other financial corporations, Banking and financial markets
false

Financial corporations, balance sheet, June 2012

As from 2016 the statistics is published with Banks and mortgage companies.

Content

Published:

This is an archived release.

Go to latest release

Rise in short-term security loans

Banks’ total money market funding amounted to NOK 1 490 billion at end-June this year. A total of 12.9 per cent of this funding stemmed from short-term security loans. This share has increased by 3.5 percentage points compared to end-June 2011.

Banks. Sources of foreign money market funding. June 2007-June 2012. NOK million

Banks’ total money market funding amounted to NOK 1 490 billion at end-June 2012. This was a decrease of just above NOK 8 billion compared to the previous month, but an increase of nearly NOK 250 billion compared to end-June 2011.

Rising short-term security loans

Banks’ short-term security loans amounted to NOK 192 billion at end-June 2012, up NOK 0.9 billion compared to the previous month. This corresponds to a modest increase of 0.5 per cent. The holdings of short-term security loans have however increased considerably during the last year. At end-June 2011, the holdings of short-term security loans amounted to NOK 117 billion. Hence the end-June 2012 figures are an increase of just below NOK 76 billion, or 64.7 per cent.

Most of the short-term security loans stemmed from sources abroad. These constituted 11.9 per cent of banks’ total money market funding.

Banks. Short-term security loans. June 2007-June 2012. NOK million

Still considerable share of foreign market funding

Foreign market funding was nearly NOK 1 160 billion at end-June 2012, and thus rose by NOK 32 billion, from just below NOK 1 127 billion at end-May 2012.

The share of foreign market funding amounted to 77.8 per cent of the Norwegian banks’ total money market funding at the end of June 2012. Foreign inter-bank loans dominated with a share of 53.5 per cent of total market funding.

Bond loans laying still

Banks’ total bond loans amounted to NOK 442 billion at end-June 2012. This is a decrease from NOK 444 billion from the previous month, corresponding to a change of 0.5 per cent. Over the past year, total bond loans grew by 3.9 per cent to end-June 2012.

The share of bond loans thus ended on 17.2 per cent of the banks’ total market funding by end-June 2012.

Increased customer deposits

The banks finance their lending through customer deposits and other sources in addition to the money market funding. Banks’ customer deposits amounted to nearly NOK 1 820 billion at end-June 2012. This is an increase of NOK 102 billion, or 5.9 per cent, compared to the previous month.

Banks. Sources of money market funding. June 2011-June 2012. NOK million
  Inter-bank
loans from
Norwegian banks 		Inter-bank
loans from
foreign banks 		Norwegian
short-term
security loans 		Foreign
short-term
security loans 		Norwegian
bond loans 		Foreign
bond loans 		F-loans from
the Norwegian
central bank 		Total
2012                
June 55 432  797 796 15 452  176 827  256 852  185 266 2 859 1 490 483
May 53 992  761 242 14 774  176 560  254 739  189 606 47 759 1 498 671
April 65 210  765 521 14 223  163 451  254 551  186 648 9 100 1 458 704
March 47 016  803 980 14 262  176 121  255 101  173 667 0 1 470 148
February 75 117  726 403 16 594  144 720  254 083  167 569 5 950 1 390 437
January 60 734  759 977 17 579  154 888  257 339  178 745 22 024 1 451 286
2011                
December 44 179  800 494 15 889  118 433  256 871  166 786 24 345 1 426 997
November 70 176  729 544 15 589  122 010  251 305  170 838 22 022 1 381 484
October 54 112  694 093 13 436  111 233  247 591  173 970 22 022 1 316 458
September 53 686  710 753 12 365  120 948  242 513  182 101 22 021 1 344 387
August 50 639  668 718 11 624  111 862  244 371  181 510 22 020 1 290 743
July 57 432  677 571 10 186  104 622  244 835  181 426 22 023 1 298 095
June 55 736  620 448 9 883  106 863  244 967  180 714 22 022 1 240 633
Money market funding is defined by the sum of inter-bank loans, short-term security loans, bond loans and F-loans from the central bank. In addition to the market funding, banks finance their lending through customer deposits.

F - loans from Norges Bank are a part of the liquidity supply to the banks. They are loans with collateral in securities at a fixed exchange rate and given terms.

Inter - bank loans are short-term loans between banks. It should be noted that a certain share of foreign inter-bank loans to Norwegian banks could originate from loans from a foreign parent company to Norwegian branch companies.

As a large part of the foreign money market funding is in foreign currency, changes in exchange rates may therefore influence the figures.

Institutional sector classification 2012

The institutional sector classification has been revised. New four-digit sector codes have been introduced and the definitions of some sectors in the classification have been changed. The revised sector classification will be implemented in the Norwegian statistical system over the next two years.

The sector definitions in financial corporations’ statistics were altered as from the 1st quarter of 2012. This may influence the time series due to sector movements. Due to the new sector classification, not all of the time series in StatBank will be updated in this publishing.